ITALIAN GOVERNMENT, DECRETO DEL 6 APRILE 2020 – Covid19 FINANCING FOR THE INTERNATIONALIZATION OF BUSINESSES AND OPPORTUNITIES OFFERED.

With the speech delivered on the evening of April 6th, Prime Minister Giuseppe Conte officially launched what he himself defined as a bazooka to support the Italian economy.

The emergency maneuver, which overall will involve the movement of 750 billion euros, will among other things contain tax breaks for businesses and protection for what is defined as the ‘Golden Power’—in other words, the strengths of our domestic economy, made up of all those companies operating in key sectors for our nation, which, in the event of a ’takeover’ or hostile bids by foreign companies, would destabilize and impoverish the country.

WHAT CHANGES WITH THIS DECREE, WHAT ARE THE NEW FEATURES:

To the 350 Billion Euros allocated in the first place, and the money allocated in aid to the domestic economic system, An additional 200 billion are being added to support exports for domestic businesses.

We are waiting to read the details of the Decree, but in summary the State will ensure funds to cover capital loans.

This will ensure that the companies themselves have direct and protected access to loans of up to 800,000 to 5 million (varying depending on the size of the companies) with a 90% state coverage protection and guarantee.

EXPORT, THIS UNKNOWN :

Italy is going through a stormy period, and in the storm, we have the advantage of having arrived ‘before the others’ in Europe. Export seems like a simple word, but the terrain remains rather complex nonetheless.

We can predict with a minimum of foresight that, like the Italian government, other states will also try to protect their national economies; this could therefore create no small amount of complications and waste of money for anyone wanting to venture into an unfamiliar market, especially these days.

It is important, and a duty for a responsible company, to weigh its steps, and in the case of an approach to foreign markets, it is necessary rely on serious people, who know the field and are able to set up, in the shortest possible time and in the correct way, all those assets that will then allow the company, in the immediate future, to have a return on investment that is profitable and does not remain just an ‘attempt’ at market approach, which in the event of failure would remain a very costly failure. 

In Octagona For 18 years we have specialized on internationalization pathways.

Our method is quite simple, yet to be defined, and is based on listening and the rigorous and reasoned application of all the correct steps to make your investment operational and profitable in the shortest possible time and in the best possible way;

applying the best practices, by your side, and supporting you and your operations team at all times, following every step.

We have always been major players on the Italian scene worldwide, and we care deeply about companies, even those we do not yet know because they have never been in contact with us.

That is why we are paid based on our results, not what we tell you.

Ours is not just internationalization consulting, but a growth path that goes hand in hand with your needs.

We are successful when you are successful.

We offer a free initial screening, which is not just a call, but a true analysis of the current business situation and the goals you want to set for yourselves. We are here to accompany you far away, through time, and into the world we will find at the end of the quarantine.

It may be different from how we know it and from the world we are used to, but we will be prepared to face it, together. .

We remind you that the Octagona Task Force, in its capacity as Knowledge Partner of the Indian Embassy, is available to provide free support, detailed information, and advice to all Italian companies that may require it.

Regarding this matter, you can contact:

Alexander Fichera | [email protected] | +39.328.2123458
Monica Sessi | [email protected] | +39.340.3422473
Brando Bruschi | [email protected] | +39.348.9653664

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SIMEST, HIGHLIGHTS OF FACILITATED FINANCING RELATED TO PACT FOR L’Export

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